Hollywood director arrested for allegedly cheating Netflix out of $11M
Fox News
Hollywood director Carl Erik Rinsch was arrested on Tuesday on wire fraud and money laundering charges. Rinsch is being accused of swindling $11 million from Netflix.
He is being accused of spending the money on cryptocurrency investments, Rolls-Royces and a Ferrari. Janelle Ash is an entertainment writer for Fox News Digital. Story tips can be sent to janelle.ash@fox.com.
Prosecutors have said that Rinsch was originally paid $44 million by Netflix for his unfinished show, "White Horse," but the director requested an additional $11 million to complete it.
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